HashFlare Closes Unprofitable Cloud Mining
Is Mining losing popularity? Or does HashFlare simply not efficiently manage its assets? The fact that the company HashFlare said - it will cease to serve contracts SHA-256, because they are not cost-effective. But not only for the company, but for the users. The fact is that in the current situation, payments under the mining contracts were lower than the maintenance costs of the equipment. Therefore, users did not receive anything. The trip happened on Friday, but publicly it became known only now. The company claims that they are not guilty in this situation.
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